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20131202
20131210
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Bloomberg
Dec 4, 2013 7:00pm EST
central bank enters into a new era. today, president obama outlined his plan. the president speech and what it could mean in the coming months. >> calling it the defining challenge of our time, president obama laid out broad plans. what was called a preview of the state of the union address, he called for a race to minimum wage and new investments in research and education. all part of an effort to close a gap that iss -- a increasingly large. >> they pose a fundamental threat to the american dream, our way of life, and what we stand for around the globe. is an issue they have hit on before. economic equality was the core of their attacks against mitt romney. today, president obama made clear it would be at the core of his agenda for the remainder of his time in office. whoited hope francis questioned a society driven by money and called on people to care more about the death of a homeless person than if the stock market went down. all of this has been laid out before. major roadblocks on capitol hill. republicans are concerned and have voiced it. an increase in unemployment insurance.
Bloomberg
Dec 5, 2013 5:00pm EST
news that president obama will be making a statement at about 20 minutes past the hour. in that report you spoke about mandela, of nelson and the lack of rancor he had toward past enemies. that has not meant peaceful times though? >> no. but you can imagine what it would be like had nelson mandela not reached out that way after he left prison in 1990. it has been documented in films. a new film out documenting nelson mandela and the decisions he made, the action he he took and the message he delivered at that time. i will take myself back to my college days and a class i took happened to have a particular focus on south africa when i was in college. we had a visitor in class, and it was someone who had served on robin island with nelson mandela. they had been sell mates together or on the same cell block. he told a powerful story about the impact nelson mandela had on him and the guards in the prison. he was still in prison at the time, and this person talked about how the guards at robin island understand stood what sort of man mandela was, respected him, listened to him, were
Bloomberg
Dec 10, 2013 6:00am EST
president obama. i thought the "new york times" article on travel, 16 hours on air force one, having them all on board, and they made it quite. >> it is at a soccer stadium. >> one of three public events. 90 thousandf people. >> it is not a holiday in south africa and train stations at the outskirts of johannesburg most people going to work as if it was a normal day. a lot of people showing up. we will bring the full comments of president obama in johannesburg when he speaks at the memorial service for nelson mandela. let's look at stocks, bonds, currencies, commodities. the mood continues. higher and higher. we wonder if we will hit dial -- the dow a20,000 by the end of the year. a quiet economic week. the euro moves this after -- against the sterling after governor mark carney spoke in new york yesterday. stronger euro. nymex crude churns. renting market moves. koran moving at the bottom. moving aten -- corn the bottom. a weaker yen. corn, weaker. how bad is it for farmers in america? >> we had the usda coming out with a global report today. if farmers are selling it -- >> they are
Bloomberg
Dec 9, 2013 7:00pm EST
american airlines. after completing the merger with us airways, a new by at deutsche bank. >> thank you. the senate returns from recess. iran'se back some of nuclear, they are asking for a new round of economic sanctions against the islamic republic. president obama said he is committed to continued diplomatic efforts to resolve tensions over iran's program even as he puts the odds know better at 50%. ra joins me. good to see you. the president put the odds at 50-50. john kerry said he is unconvinced that i run a leaders -- iran's leaders will make the hard decisions to reach a final nuclear of court. what is the point of the talks? >> what you saw from president obama and secretary kerry was refreshing candor in authority at the state and pragmatism. nobody is saying the deal is perfect and will succeed, it simply the alternative available. of the options on the table, the only thing that could work right now. it is going to be a better solution than simply imposing economic cost that cannot change iranian hater. >> limited sanctions as part of the preliminary accord. what is he going
Bloomberg
Dec 10, 2013 5:00pm EST
her perspective on women in leadership. "bottom line" tonight at 7 p.m. new york time. hope to see you then. >> this week, president obama signed an extension of america's 10 year plastic gun ban after being reauthorized by congress. that took place yesterday. the original ban was set to expire and had gained attention saying that plastic guns could get past airport security. cory johnson has been following this issue. also, the chief executive of valencia design group and the grandson of a designer. to develop aology .ariety of products gentlemen, thanks for being here. >> is that orange juice? i thought that was a tequila bottle. the only reason i came on this segment. >> must be serious for a moment. 3-d printing technology and guns made for this kind of thing. >> i think we are in the midst of this really interesting -- i don't want to use the word bubble, but i don't have a better word. this notion of excitement about new technologies. they are nascent and interesting and look like they have the potential for growth. company called x one, a few years ago, they had a few 3-d pr
Bloomberg
Dec 5, 2013 7:00pm EST
a member of the obama-biden transition team and is currently the president of a bipartisan public affairs company. thanks for coming on tonight. we have to start with the breaking news, your reaction to the death of nelson mandela. >> at this moment in washington, we are talking a lot about leadership. you look at his qualities as a leader, perseverance, determination, the gratitude, the forgiveness. these are attributes that are so compelling and to have them reside in one man over 95 years is just extraordinary. absolutely extraordinary. >> why are they missing in present-day washington? >> boy. it's an unfair mark to compare anyone to nelson. he is just in such a different league. one can certainly help as world leaders travel for the funeral that they have time to reflect and think about his qualities and what made him so remarkable over such a long time. >> let's talk about present day. the obama administration warning about the lapse in unemployment benefits saying it may cost as many as 240,000 jobs but there's another side to the argument. should benefits and? when should
Bloomberg
Dec 6, 2013 7:00pm EST
w. bush and laura bush. they gracefully accepted the invitation from the obama's. former president bill clinton also saying he planned to travel to south africa. as we leave you this evening, a look at the iconic empire state building in new york city lit up in the colors of the south african flag in tribute to the late nelson mandela. i am mark crumpton. that is it for bottom line. have a great weekend. i will see you next time. ♪
Bloomberg
Dec 10, 2013 6:00pm EST
. ♪ >> from bloomberg world headquarters in new york, i am mark crumpton. this is "the bottom line." in south obama speaks africa at an emotional memorial service for nelson mandela. u.s. regulators approve the poker rule in an effort to make and we go inside of the c suite at the new cadillac. to our viewers here in the united states, and those of you joining us from around the world, welcome. do we have full coverage of the stocks and stories making headli
Bloomberg
Dec 10, 2013 3:00am EST
. president barack obama among the speakers at the event. cycling intoto be a diverse mix of news and events. the web significant. we'll be joined by a man who could potentially be the new boss at microsoft. he will be joining caroline hyde. the critical question, does he have an advantage or disadvantage to become the ceo? we are going to be cooking the books. blumenthal is a man who is a scientist, and the chef. michelin starred, a new twist to cooking. we will be talking to him about his business and cooking. >> looking forward to that. thank you. netflix the year that and amazon and hulu took on the networks with original content. what would the story be for 2014? let's all -- ask apollo sweetie. sweeney. what can we expect? >> we will find that content is king. one of the things they executives and hollywood are sitting and noticing as there is more demand for the content than ever before. not just traditional broadcast networks or cable, also internet enabled distribution systems such as netflix and hulu and amazon. they are writing the big checks for hollywood content. it has b
Bloomberg
Dec 10, 2013 4:00am EST
including barack obama who will be speaking shortly. we're going to take a break. we will be back. ♪ 's new energy, how much additional power will divine need to support all the visitors? answers.he latest what are the plans? dubai has its own plan to develop renewable energy independent of the expo. i was already in place. they are going to need about 50 megawatts more solar power than they have planned to meet that target. about 50 megawatts they will probably add for the event itself. >> thank you for that update. we will have plenty more from dubai and the need for renewable energy in that region for the next couple of days. >> bloomberg the first word is coming up next. for our viewers, it is the second hour of "the pulse." >> we will be talking about one of the people that will possibly replace steve ballmer. he is satya nadella. ♪ >> mark carney hits the big apple. he talks up the u.k. recovery and a charlie rose exclusive. >> it is just beginning. the true recovery is beginning. the core of root -- of the systems are repaired. >> in the running to replace ball mark, we
Bloomberg
Dec 10, 2013 10:00am EST
build the new 777 jets. a front contender. a rare cease-fire between leaders of the u.s. and cuba. president obama shaking hands two raul castro, the attending the state service for nelson mandela. >> we have her on the phone from colorado, the former and chairman of chrysler, jerry greenwald. berra.alk about mary did you know anything about her as she was making her way up the ranks to gm? i knew a lot about women in the auto industry. i don't know her very specifically. she's been through all the .hairs at gm they've done the right thing picking a really wonderful, very strong ceo. picked based on gender. they picked on who they thought would carry general motors on for the next five or 10 years. >> is that the right move? the company when they were put in bankruptcy protection. he says mary knows the company backwards and forwards. put her in charge of hr at the time. ed whitaker came out of the telecom business. is this the right time for gm to return leadership of this automaker to someone who actually grew up that the company? >> both gm and ford have been run in the post do
Bloomberg
Dec 5, 2013 3:00pm EST
food workers are because of wages. it started in new york city last year. it has grown to about 100 city. in some washington are behind the workers. 53 accept a letter to mcdonald's, yum brands and others calling on companies to increase employee play. obama jumped in. he said they work their tales off and live barely above poverty. $10:10 support a minimum wage. they want $15. >> they want $15 minimum for any worker. >> think about this. if you had any relative that was working negligence a full-time job, one of these jobs, would you want them making that wage. >> the average wage is about $8.9 in these places. you are looking at $16,000 or $17,000 a year to make a living. nobody can make a living at that rate. >> if we all agree it is not going to hurt the economy to raise the minimum wage, why don't we raise it to $50? that is a much better idea. >> hang on. hang on. >> let's mac it $500. >> remember this. it is true if people make more, they are going to spend more, but it also means prices are going up. those dollar meals at mcdonald's, they won't be a dollar anymore. >> that i
Search Results 0 to 11 of about 12